merge: charters.turnsys.com (199 pages)

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content/charters.turnsys.com/pages/192.JointVenture.RackRental/default.md

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+---
+title: 'RackRental.net Operating Company LLC'
+menu: 'RackRental.net Operating Company LLC'
+---
+
+# RackRental.net Operating Company LLC
+
+A bit of explanation is required for this one.
+
+For clarity this is NOT for the RackRental.net (series) LLC (aka TSYS HQ RackRental Franchise).
+
+This is for the RackRental.net Operating Company LLC, which is the franchisor of RackRental/Starting Line Productions:
+
+    - the brand
+    - control plane
+    - supporting microservices
+    
+to those who wish to rent out their own lab equipment/space/time.
+
+- Please see the : [RackRental Plan](https://plan.rackrental.net).
+
+This is the business/product/operations plan/operating agreement/franchise agreement for development of the RackRental/STL franchisor business and also includes a franchisee business plan (the one used by RackRental.net (series) LLC/Starting Line Productions (series) LLC.).
+
+It's much different that the other plans, as this is entirely a sales driven "virtual" business with (close to if not entirely) zero product development work needed on the part of {{PARTY2}}.
+
+## RackRental.net Operating Company LLC Initially Proposed Distributions
+
+| Contract Party | Distribtuion Percentage |
+| -------------- | ----------------------- |
+| {{PARTY1}}     | 10%                     |
+| {{PARTY2}}     | 90%                     |
+
+A bit of context on these numbers:
+
+FranchiseeCo123 generates $100.00 in revenue:
+
+- $60.00 goes to FranchiseeCo123 (as the franchisee) (as they get 60% of revenue)
+- $40.00 goes to RackRental.net Operating Company LLC (as the franchisor) (as they get 40% of revenue)
+- $4.00 (of the $40.00) goes to {{PARTY1}}
+- $36.00 (of the $40.00) goes to {{PARTY2}}